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Funds automation in Asia Pacific: A state of the union, a 2025 vision
Journal of Securities Operations & Custody,
9
(2),
117-126
(2017)
Abstract
In conjunction with the ever continuing industry challenge towards improving the levels of funds automation, this paper, based on a SWIFT information paper published in early 2017, explores the current state of automation in the funds processing space in Asian markets, comparing it to European funds automation. It highlights the Asian trend for the introduction of domestic funds hubs and collective processing platforms following the example of already established domestic and international hubs. Building on past success stories and the introduction of innovative technology for financial markets, the authors highlight fundamental elements that they believe are essential to support the continued growth and development of the funds industry in the Asian region.
Keywords: funds, standardisation, interoperability, ISO 20022, automation, regionalisation
The full article is available to subscribers to the journal.
Author's Biography
Jean Chong is Manager with the Securities & FX Markets team in SWIFT. Focusing on ASEAN markets, Jean is responsible for SWIFT’s strategy and product offering for securities market infrastructures and their market participants. Prior to SWIFT, Jean worked for a capital markets regulator in the Asia Pacific region and a multinational professional services firm. Jean is also a member of the Institute of Chartered Accountants in England and Wales (ICAEW).
Alexandre Kech is Head of Securities & FX Markets, APAC at SWIFT, responsible with his team for SWIFT’s strategy and product offering in the Asia-Pacific region for the securities & FX customer segments. He is also looking at FinTech engagement in the region with a particular focus on Blockchain/Distributed Ledger Technology for securities & FX.
